Garden-Style Office Building with Outdoor
10542 North Glenstone Place Baton Rouge, LA 70810
10542 North Glenstone Place, Baton Rouge, LA, 70810
$1,950,000
For Sale
$1,950,000
Leased garden-style office with 9-foot ceilings, private offices, and covered outdoor seating in a quiet setting.
Property Size7,383 SF
Price / SF$264.12
Days on Market18
Property Features for 10542 North Glenstone Place
General Information
- Standard status
- Active
- Size
- 7,383 SF
- Property subtype
- Office
Listing Agency
Saurage Rotenberg Commercial Real Estate
(610) 563-9046
Listed by
Jack Herrington, CCIM · License #SALE.0995693154-ACT
Source
Sauragerotenberg
Added: Jun 29 Checked: Jul 16 at 6:52 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
This garden-style office building totals 7,383 SF and is finished with high-end materials and 9-foot ceilings throughout. The layout supports both private and collaborative work, with the 1st floor offering approximately 5,334 SF, including 12+ private offices and a bull/pen area. Additional functionality is provided by a full kitchen, two large storage rooms, and a covered outdoor seating area. The 2nd floor is approximately 2,095 SF with an open work area for about 10 large workstations, plus six smaller cubicles.
The property is set off a quiet cul-de-sac and overlooks the BREC Bluebonnet Swamp Nature Center. It is zoned C-2 and offers ample parking for staff and visitors.
For buyers seeking an income-producing office asset, the building is leased through August 2028. The mix of private offices, bull/pen space, open workstations, and storage is well-suited for professional services teams that need both enclosed rooms and shared workspace, supported by on-site kitchen and covered outdoor seating for day-to-day operations.
The property is set off a quiet cul-de-sac and overlooks the BREC Bluebonnet Swamp Nature Center. It is zoned C-2 and offers ample parking for staff and visitors.
For buyers seeking an income-producing office asset, the building is leased through August 2028. The mix of private offices, bull/pen space, open workstations, and storage is well-suited for professional services teams that need both enclosed rooms and shared workspace, supported by on-site kitchen and covered outdoor seating for day-to-day operations.
Key Highlights
- 7,383 SF garden‑style office building on a quiet cul‑de‑sac off Bluebonnet Blvd.
- Leased through August 2028.
- 9‑ft ceilings and high‑end finishes throughout.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.6k | $13.08 |
| − Vacancy | −$2.4k | −$0.33 |
| EGI | $94.2k | $12.75 |
| − OpEx | −$23.5k | −$3.19 |
| NOI | $70.6k | $9.56 |
7,383 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.01M
$882.7K – $1.18M
NOI $70,617 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.77M
$1.55M – $2.06M
NOI $123,771 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Waggoner Engineering
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Leased garden-style office with 9-foot ceilings, private offices, and covered outdoor seating in a quiet setting.
Where is this office building located?
The property is located at 10542 North Glenstone Place Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 7,383 SF garden‑style office building on a quiet cul‑de‑sac off Bluebonnet Blvd.; Leased through August 2028.; 9‑ft ceilings and high‑end finishes throughout.
